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If the system gets into a negative trade the retrace will be able to evaluate the direction and decide whether or not we should take a small loss or continue to wait to return to profits.The trailing stop feature allows us to set a moving stop loss behind our trades so that we can let them breathe and pick up larger wins.
I never thought I could say this in the FX market but this actually works.There was a point when I was using others and had almost given up on the whole process but then I figured why not I will give this (Forex Steam) my last shot and have never looked back. I've used steam for just over 2 months now, and honestly I think it's the best E. I would definitely recommend this for *new traders like me*, who do not currently trade FOREX, but want to start!!Just as I sat down to write this review Steam locked in £12.83 profit on EURUSD, three hours earlier it did the same with USDJPY.I tend to follow the market my self as well and not leave it on its own, but I got to say Seam predicts the market very well. I have had losses as well, but that comes with trading which ever method or strategy you use.
Also, got to make a habit of checking their website every day for new Steam updates and warnings about choppy market.
A very good EA A serious team Some very good gains I hope that in 20 years they will always be there for us and not withdrawn their island I rated this system as excellent which is "far better than expected." This is because I had very low expectations going into my use of this software.